The Price of Bitcoin May Be Soaring, But a New Risk Has Emerged for Strategy. Here's What MSTR Investors Need to Know.
Strategy's preferred shares make it a messy investment.
Overview
Bitcoin's (CRYPTO: BTC) price has risen more than 20% over the past month. The geopolitical conflicts and fears of the debt-driven devaluation of the U.S. dollar fueled that rally.
Shares of Strategy (NASDAQ: MSTR), which holds 4.02% of Bitcoin's total lifetime supply, have also rallied 35% over the past month. Those gains aren't surprising, since Strategy's 845,050 Bitcoins are worth $63.5 billion -- compared to its enterprise value of $50 billion.
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Originally published at www.fool.com.
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